• Corpus ID: 53605332

1 “ Ripple ” Effects in South African House Prices

@inproceedings{Balcilar20141R,
  title={1 “ Ripple ” Effects in South African House Prices},
  author={Mehmet Balcilar and Abe Damte Beyene and Rangan Gupta and Monaheng Seleteng},
  year={2014}
}
This paper analyzes the so-called “ripple” effect of house prices in large-, mediumand smallsized houses of five major metropolitan areas of South Africa, namely, Cape Town, Durban Unicity, Greater Johannesburg, Port Elizabeth/Uitenhage and Pretoria, based on available quarterly data covering the period of 1966:Q1 to 2010:Q1. Following the extant literature, we contextualize the issue as a unit root problem, with one expecting the ratios of metropolitan house price to national house price to… 

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